According to Bank of America Merrill Lynch, overall credit longs drop sharply again. Now only 9% overweight IG. Credit technicals thus better in October.
Investor cash levels surge, but outflow concerns may partly explain this and only 31% of IG and 25% of HY investors think an extension of ECB QE will drive asset prices up.
Euronext today announced record trading in its Rapeseed grains Futures contract on 6 October 2015 with 21,140 lots traded. This record surpasses the previous record of 20,881 lots in October 2013.
Partnership will address customers' need for cross-distribution of equity research across Asian and European markets, and establish a single global program trading platform
Returns on risk-weighted assets compiled by SNL Financial show that European banks are beginning to recover after a long period in the wilderness.
The September 2015 average daily transaction value on the Euronext cash order book stood at €8,071 million (+35% compared with September 2014). It was the most active September month in terms of average daily transaction value since 2008. Furthermore, 18 September was the second most active day of the year with €18.1 billion traded.